Earnings Releases·Nov 5, 2026, 8:16 AM ET

IMAX Corporation — Third Quarter 2026 Earnings Summary

Total revenue surged 64% year-over-year to $174.6 million, while net income jumped 418% to $117.1 million, driven by a 72.3% gross margin and a $36.7 million non-cash valuation allowance release; Adjusted EBITDA rose 133% to $120.9 million.
The company reported record global box office of $712 million (up 94% YoY), with Christopher Nolan's *The Odyssey* becoming the highest-grossing IMAX release of all time, contributing over 30% of the film's global box office.
Management highlighted a "remarkably strong" future outlook for 2027 and beyond, citing a cultural shift toward shared experiences and a robust pipeline including *Dune: Part Three*, *Avengers: Doomsday*, and *Star Wars: Starfighter*.
Strategic financials include a backlog of 409 systems, $641 million in total liquidity, and an extended share repurchase program with $237 million remaining authority as of September 30, 2026.